CELR: MEXC → Bitget

Long on the venue with the lower rate, short on the venue with the higher one. Income comes from the rate difference; price exposure cancels out.

Spread

+66%

APR right now

Price gap

-0.123%

between legs

Average spread

+102%

over 24h from our own samples

Over 7 days

+102%

samples: 108

MEXCLONG

Bid / ask0.003237 / 0.003239

Mark price0.00323

Volume 24h$1.69M

Open interest$586.17K

Rate-0.6429%

APR-704%

Interval / next payout8h / 7h 26m

MEXC

BitgetSHORT

Bid / ask0.003235 / 0.003237

Mark price0.003234

Volume 24h$5.60M

Open interest$584.24K

Rate-0.5830%

APR-638%

Interval / next payout8h / 7h 26m

Bitget

Spread from our samples

spread over the period: from 0% to 122% APR, 108 samples

The rate can flip at any moment, and then the position starts costing money. Size is limited by the weaker leg, and entry and exit both pay fees on two venues. Not financial advice.